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Hashi Energy in Sh14bn deal with Dubai firm
S.S Lootah CEO Yahyah Bin Saeed Al-Lootah (right) and Hashi Energy boss Dr Mohamed Adan during the signing of a partnership between the two firms in Nairobi on October 6, 2016. PHOTO | DIANA NGILA
Petroleum dealer Hashi Energy has signed a Sh14 billion ($140 million) deal with a Dubai conglomerate that will see the firm diversify into the supply of food to military personnel and non-governmental organisations in the Democratic Republic of Congo (DRC). The deal, signed Wednesday with SS Lootah, will involve building infrastructure and storage facilities for food and fuel supplies.
Hashi Energy has pre-existing contracts with the United Nations mission in the DRC for transporting and storing petroleum products.
